Economy

’In most cases, the report found, agents followed a protocol of “seize first, ask questions later.” Agents only questioned individuals and business owners AFTER they had already seized their money…’ Continue reading: “The Internal Revenue Service has seized millions of dollars in cash from individuals and businesses that obtained the money legally, […]

“…Amazon will collect sales tax in all 45 states that require it, ending one of the company’s more drawn-out regulatory fights that the e-commerce giant had resigned itself to losing years ago. (For the record, Alaska, Delaware, Montana, New Hampshire, and Oregon do not have a state sales tax.)…” Continue […]

The public has already responded to President Donald #Trump’s America First budget plan. #MealsOnWheels’ average amount of daily donations increased by 50 times on Thursday after the White House proposed cuts to some of the program’s funding, a spokesperson for the group said, according to CNN… Continued: Meals on Wheels: Donations […]

Auditing the Federal Reserve was once part of the Trump administration’s first 100 days’ action plan to “Make America Great Again,” but it appears that Wall Street banker and Treasury Secretary nominee Steve Mnuchin is now trying to undermine President Trump and the momentum of this important campaign promise. Over […]

IN 2011, UNEMPLOYMENT WAS at a near crisis level. The jobless rate was stuck around 9 percent nationally, an unusually high number due to the continuing effects of the financial crash. House Democrats were aghast. “With almost five unemployed Americans for every job opening, too many people remain jobless because […]

“Each year, 2,000 to 3,000 Americans in need of marrow transplants die waiting for a match. Altruism is a virtue, but clearly it is not a dependable motive for marrow donation.” Continue reading: Why it’s OK to pay bone-marrow donors

It is simply unfair for Main Street Americans who’ve already been battered by one of the worst economic crises in our history to have to continue to sacrifice … One Uncut US demonstrator carried a sign that read: “I pay almost 1/3 of my measly income, Bank of America pays […]

“There’s no question that, even if there were no budget emergencies, the nation’s public school system is failing to return much of anything on an ever-growing pile of tax dollars…” To Surly, With Love: Are Teachers Overpaid?

“Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources. In a free market system, prices signal scarcity. So as a resource becomes more scarce, it becomes more expensive, which […]

“Besides higher #food prices, however, this form of #government #bureaucrats picking winners and losers in the #energy market is having another unexpected consequence—boosting genetically modified food. #Syngenta, a Swiss-based firm, recently got the go-ahead for sales of its #geneticallymodified corn seeds…”

“Economists at the New York Federal Reserve have concluded that a controversial 2005 law backed by banks and credit card companies pushed more than 200,000 people into foreclosure and exacerbated the subprime mortgage crisis…” Continue reading: